$19B+ liquidations on Friday compared to COVID's crash ($1.2b) and FTX collapse ($1.6b).

Despite this, Bitcoin is over $115,000.

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Saw that comparison, and then they compared that the % drop of the past one was much deeper, even though the volume was greater on this one due to market cap. Interesting what the pain of the degenerates being flushed looks like in real time.

It’s different isn’t it

Ie how the market is now behaving

Pretty standard set up for btc, like a shark fin. Lots of easy entries build up long with tight stops.